NeosCoin investment analysis

This coin was launched in 2014 as a decentralized web application, and it doesn't seem they've made much progress since then. While the developers are still posting on social media, investors should be aware that no significant progress has been made towards their initial goals. Trading volume continues to lessen here, and it's possible that they could be delisted from exchanges if it does not pick up.

The game plan for this cryptocurrency project is to create a decentralized hosting platform where users can host their content and then be rewarded for it. This platform would likely be similar to Steemit, but with the ability for users to host their own websites as well.

While this all seems like a nice idea the project itself is making very slow if any developments. Anyone interested in making a NeosCoin investment will need a great deal of patience. The release was scheduled for February, but so far there has been no updates on this.

NeosCoin investment price
$0.02855

NeosCoin expected Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+420.6%

NeosCoin Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.148631

NeosCoin Rating

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

How to buy NeosCoin?

The selection of exchanges upon which can buy NeosCoin is rather small, but they are at least high-quality exchanges. In fact, they are surprisingly large volume partners. However, the volume for this individual asset is rather small, and investors should be careful when making a purchase. It's easy to pay too much on assets with low trading volume as they are subject to swift upticks in price if someone makes even a moderately sized purchase. Bitcoin is the only viable trading option here as the US Dollar Tether pairing does not hold adequate trading volume.

In order to store your investment, you'll need to visit the official website and download the wallet. The only link on the website seems to be for the Windows exe installer, but you may be able to get a Linux version from the project's github page. Unfortunately, there does not seem to be a Mac version available for this cryptocurrency wallet and users of Apple products will need to find a work around somehow.

Is it safe to invest in NEOS now?

The NeosCoin analysis shows some good activity in a few areas like social following, but the numbers in their trading volume are troubling. The software is being developed very slowly, and with nothing to show for their efforts since the launch of this coin in 2014, it seems investors have lost interest here.

Worse, it seems the main launch has been pushed back, and nobody is really sure when it will actually be released. This can be troubling for any project, and it likely has negatively affected the trading activity here. The price of the asset is holding surprisingly high, but that is likely due to the fact that this coin has a very low supply of under 4 million coins.

If you plan to invest in NEOS, then prepare yourself for a very long wait. The developments here are very slow, and it doesn't look like the platform will be completed any time soon. However, this is a proof of stake asset, and it offers investor decent returns both through regular staking and through their masternodes.

If you're not in any rush then you can collect more coins while you wait for developments to happen. There's nothing wrong with passive income, and you'll earn yourself 0.5 NEOS per block if your node is chosen for the transaction that's passing through. Keep in mind that if you want a masternode you'll need 5,000 coins though, and this is a substantial investment in an unproven product.

In closing, while NEOS has lofty ambitions for itself, it's yet to be proven if the team can actually deliver on these promises. With dropping trading volume and missed deadlines, things don't look good here. If you're purely looking for a master node coin, then there may be better options that won't quite be so expensive for you to get started with.

While this one pays decently, it's by no means the best return available, and you should examine all of the options before coming to a decision. If you do go ahead with your investment, make sure to diversify into more proven projects as well as more volatile ones.

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All cryptocurrency profit forecasts provided on the website are predicted based on the data obtained from the analysis algorithm and are published for informational purposes only. This information should not be used for any financial decisions. Always seek the help of a trusted financial advisor before committing to any investment and never invest money you cannot afford to lose.